Up to 350,000 Kenyan citizens had subscribed and expressed interest in obtaining Worldcoin’s crypto token at some point in July. A Kenyan lawmaker claims that Worldcoin officials will now appear before a legislative committee on September 4.
Escape the API lockdown and paywalls. Access global news via API. Complete with clustering, topic analysis, and related stories in real-time. Find mentioned stocks and companies.
Get your free API-Key today. Feel free to comment if you have any question
— markets.sh (@markets_sh) August 28, 2023
Argentina’s Record Sign Ups
It was recently discovered by a Kenyan parliamentary committee looking into Worldcoin’s operations in the country of East Africa that up to 350,000 people had expressed interest in the project before the authorities shut it down. The committee reported that at some point in July, Kenyan subscribers made up about 25% of Worldcoin’s total worldwide.
2/ Argentina's crypto adoption grows, and Worldcoin's record sign-ups highlight the hunger for financial innovation.
— 0xmonicha (@monicha1601) August 31, 2023
The total number of World ID sign-ups from 34 different nations had, however, surpassed 2.26 million by August, according to a story from The Star. In addition, the group claimed in a blog post on August 31 that demand for the World ID has kept rising. Worldcoin has cited the recent record number of sign-ups in Argentina as evidence for this claim.
While the Worldcoin team has continued to highlight some of the project’s accomplishments, authorities in Kenya appear to have taken a tough stance against the organization and its local affiliates. A Kenyan court is also said to have supported the government’s move to halt Worldcoin operations there.
Meanwhile, information about some people failing to pay out their tokens was provided to the examining committee, which is presided over by Narok West politician Gabriel Tongoyo. However, Tongoyo disclosed that Worldcoin’s proprietors would soon come before the Kenyan parliament to address questions about the cryptocurrency initiative.
Meanwhile you get inside information from @DavidMichery himself, which $MULN then had to file an 8K just to try to protect themselves about. Oh and meanwhile you’re an investor receiving this information. Oh and you do fluff interviews with Dave to pump the stock. U getting paid?
— CatOfWallSt.eth (@CatOfWallSt) September 1, 2023
They will show up on Monday of the following week (Sept. 4). They have informed us they won’t be here as scheduled due to travel concerns; therefore, we’ve adjusted our schedule appropriately,” the lawmaker said.
Immaculate Kassait, the nation’s data commissioner, and Solicitor General Shadrack Mose are also anticipated to testify before the committee, according to Tongoyo.